Thungela Resources
Limited
(Incorporated in the Republic of
South Africa)
(Registration number:
2021/303811/06)
ISIN: ZAE000296554
JSE share code: TGA
LSE share code: TGA
("Thungela")
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGES
TO THUNGELA BOARD COMMITTEES
In compliance with paragraph 3.59 of
the JSE Limited Listings Requirements and paragraph 9.6 of the UK
Listing Rules, shareholders are advised of the appointment of
Thomas David McKeith (Tommy) as an independent non-executive
director to the Thungela board of directors, as Chairman of the
Social, Ethics and Transformation Committee and as a member of each
of the Audit Committee and the Health, Safety, Environment and Risk
Committee, with effect from 1 October 2024.
Tommy is an experienced chairman,
non-executive director and chair/member of board committees, with
over 30 years of mining company leadership, corporate development,
project development and exploration experience. Having worked in
bulk, base and precious metals across numerous jurisdictions, Tommy
brings deep and strategic insights to the boards on which he
serves, with a strong focus on value creation. Tommy works at a
strategic level to support management in the achievement of
sustainable growth and value creation.
He will add value to the board and
bring various skills:
· strong
commercial acumen and a strategic, future thinking lens to the
decision-making process;
· deep
equity market and mining industry networks across multiple
jurisdictions;
· a
strong track record of discovery, project development and corporate
development;
· significant capital raising and investor promotion experience;
and
· collaborative, highly effective and thoughtful
insight.
The Thungela board welcomes Tommy
and looks forward to the knowledge and experience that he will
contribute to the group.
Qualifications: MBA, GDE (Mining and
Mineral Engineering), BSc, Hons (Geology/Earth Science) from the
University of the Witwatersrand.
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Current directorships and/or partnerships
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Past
directorships and/or partnerships
|
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Arrow Minerals
Evolution Mining
Ordell Minerals
CleanTech Lithium
|
Prodigy Gold NL
Genesis Minerals Limited
Sino Gold Ltd
Avoca Resources NL
Troy Resources NL
|
Thungela confirms that there is no
further information required to be disclosed pursuant to paragraph
9.6 of the UK Listing Rules.
Rosebank, South Africa
26 September 2024
UK Financial adviser and corporate
broker
Panmure Liberum Limited
Sponsor
Rand Merchant Bank (A division of
FirstRand Bank Limited)